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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: chowder who wrote (89841)4/9/2001 9:32:27 AM
From: isopatch  Read Replies (1) of 95453
 
Dabum. It's all a question of time frames.

How long you want to play the position in the stocks.

Posted last week that I'd purchased 4 positions, one in E&P CRZO. Also driller PDE the previous Friday. In another post presented the case for a strong tradable rally beginning from the volatile base base we're building right now. (You should read the thread and post here more often.)

Once this rally is over, the XNG, OSX and other indices should then go to NEW LOWS before they reach their cyclical bottoms IMHO...probably this fall.

Regards,

Isopatch
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